Asia ยท KRW ยท Bank of Korea
๐ฐ๐ทSouth Korea
South Koreaโs $1.9T economy grew 1.1% in 2025; the IMF projects 3.3% for 2026. Inflation is 2.8% (Jul 2026) against a 3.00% policy rate.
$1.9T
GDP in 2025, current US dollars ยท #13 of 56 tracked economies
1.1%
Real GDP growth in 2025; IMF projects 3.3% for 2026
2.8%
Consumer-price inflation, year on year, Jul 2026
3.00%
Bank of Korea policy rate, +50 bp over 12 months
Unemployment ยท 2025
2.8%
0 ppvs 2024
Government debt
52.4%
2.8 ppof GDP, vs last year
Current account
6.5%
Surplus ยท % of GDP
Population
51.7M
GDP per capita $36.4K
Scorecard
South Korea among 56 tracked economies
Marker = percentile. Right is better where a better direction exists; for population and rates, right is higher.
- GDP$1.9T#13/56
- Growth1.1%#43/56
- Per capita$36.4K#24/56
- Inflation2.8%#38/56
- Jobless2.8%#42/50
- Debt/GDP52.4%#35/56
- Budget-2.3%#21/56
- Curr. acct6.5%#12/56
- Policy rate3.00%#24/45
- Population51.7M#25/56
Peers
Growth across Asia
Real GDP growth, 2025
- 1๐น๐ผTaiwan8.8%
- 2๐ป๐ณVietnam8.0%
- 3๐ฎ๐ณIndia7.8%
- 4๐ฆ๐ชUnited Arab Emirates6.2%
- 5๐ฒ๐พMalaysia5.2%
- 6๐ฎ๐ฉIndonesia5.1%
- 7๐จ๐ณChina5.0%
- 8๐ธ๐ฌSingapore5.0%
- 9๐ธ๐ฆSaudi Arabia4.6%
- 10๐ต๐ญPhilippines4.4%
- 11๐ญ๐ฐHong Kong SAR3.6%
- 12๐ฎ๐ฑIsrael3.5%
- 13๐ง๐ฉBangladesh3.5%
- 14๐ต๐ฐPakistan3.2%
- 15๐น๐ญThailand2.4%
- 16๐ฏ๐ตJapan1.2%
- 17๐ฐ๐ทSouth Korea1.1%
Sources: IMF World Economic Outlook (annual, projections from 2026) ยท BIS policy rates, CPI & FX (monthly, through Sep 2026) ยท World Bank WDI (trade, sectors, FDI, urbanisation)
โK